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A new product called Tagg The Pet Tracker, is a new lightweight device that latches on your pet's existing collar and uses GPS technology to give you access to your pet's whereabouts at any time.

It's designed to be worn at all times and has the capability to operate for up to 30 days before recharging.

According to Tagg:

"Hundreds of thousands of pets go missing every year, and according to the National Council on Pet Population Study and Policy, only 15 to 20 percent of lost dogs and only two percent of lost cats are ever returned to their owners. Tagg—The Pet Tracker is a purpose-built solution that uses a sophisticated combination of GPS and wireless technology to monitor a pet’s location and quickly notify the owner via email and/or text if the pet leaves its Tagg zone, the area where it spends most of its time—typically the home, yard and adjacent areas."

It's built to withstand the active lives that pets lead and is designed for dogs and cats over 10 lbs.

The creators say:

"We created Tagg because we understand that pets are an important part of today’s family. As pet owners ourselves, we were inspired to design a purpose-built solution that provides owners the peace of mind that their pet is where it is supposed to be. A lost pet is something no owner wants to experience, and we are proud to have developed a simple-to-use and affordable tracking system that will help reunite pet and owner quickly if the pet wanders off."

The price of $199.99 may seem a bit hefty, but it's totally worth it when it comes to the safety of your precious dog and/or cat.